Funding you earn now, next payment 00:00 UTC+0.0302%/8h= +33.1% APRnext payment +$0.38 per $10,000 · paid last 24h −0.002%
Price spread now: Vest against RISEx+0.062%7-day average +0.013% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.027%−$3 on $10k
+Price spread, last 3 days (all we have)+0.141%+$14 · spread now +0.062%, 7d avg +0.013%
=Together, before fees+0.113%+ Points / potential airdropVest: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Vest is 0.049% dearer against RISEx than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.013%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.027% in total (about -3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.38 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx ETH/USDC | 2,783 | −0.0206 | get 0.0026% / 1h | 52m 31s | $5.7M | $11.9M | 25x |
| Short | Vest ETH-PERP | 2,784.7 | 0.0096 | get 0.0012% / 1h | 52m 31s | — | $1.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against RISEx. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $63.5
- Price spread: +0.062% → +0.013%
- $4.91
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $60.41
- Costs to cover
- 0.080%
- Break-even
- 0.3 days
Slippage unknown: RISEx: live order book, 2 min ago; Vest: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy RISEx live order book, 2 min ago | 0.02 bp | 4.1 bp −$4 | 5.1 bp −$51 | 279.6 bp −$28.0K | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ETH on 55 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl ETH | −0.0447% | 43m | 2,787 | +0.145% | $289K | $6.9M | 8.3x | as long as short |
| RISEx ETH/USDClong | −0.0206% | 1h | 2,783 | long leg | $5.7M | $11.9M | 25x | |
| ApeX Omni ETHUSDT | −0.0131% | 1h | 2,779.8 | −0.113% | $8.8M | $32.7M | 100x | as long as short |
| Injective ETH/USDC PERP | −0.0088% | 1h | 2,782.5 | −0.017% | $119K | $22.5M | 52x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,784.2 | +0.044% | $5K | $2K | 50x | as long as short |
| 01 Exchange ETHUSD | −0.0024% | 1h | 2,784.6 | +0.059% | $169K | $1.2M | 50x | as long as short |
| Aftermath Perps ETHUSD | −0.0001% | 1h | 2,781.3 | −0.061% | $29K | $22K | 20x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,784.5 | +0.054% | $12.8M | $45.9M | 50x | as long as short |
| Phoenix ETH | +0.0003% | 1h | 2,785 | +0.073% | $884K | $3.7M | 25x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0006% / S −0.0006% | 1h | 2,786.3 | +0.118% | $22.5M | — | 200x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ETH-USDT | +0.0015% | 8h | 2,783.4 | +0.014% | — | $1.21B | — | as long as short |
| OKX ETH-USDT-SWAP | +0.0020% | 8h | 2,783.6 | +0.023% | $1.70B | $11.92B | 100x | as long as short |
| Phemex ETHUSDT | +0.0025% | 8h | 2,785.9 | +0.105% | $271.4M | $68.8M | 150x | as long as short |
| GMX ETH/USD [ETH-USDC] | L +0.0026% / S +0.0009% | 1h | 2,786.4 | +0.125% | $13.0M | — | 200x | as long as short |
| Aster ETHUSDT | +0.0038% | 8h | 2,784.2 | +0.045% | $255.2M | $1.00B | 200x | as long as short |
| Bullet ETH-USD | +0.0054% | 1h | 2,785.9 | +0.105% | $182K | $1.7M | 20x | as long as short |
| MEXC ETH_USDT | +0.0064% | 8h | 2,783.2 | +0.006% | $1.60B | $2.63B | 500x | as long as short |
| Aevo ETH-PERP | +0.0064% | 1h | 2,786 | +0.108% | $5.1M | $636K | 20x | as long as short |
| Bitget ETHUSDT | +0.0065% | 8h | 2,783.9 | +0.033% | $2.11B | $3.11B | 150x | as long as short |
| Binance ETHUSDT | +0.0066% | 8h | 2,784.2 | +0.044% | $6.46B | $17.26B | 150x | as long as short |
| Gate ETH_USDT | +0.0071% | 8h | 2,783.5 | +0.019% | $3.31B | $9.58B | 200x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0088% | 1h | 2,787.3 | +0.155% | $60.3M | $4.62B | 50x | as long as short |
| Bybit ETHUSDT | +0.0090% | 8h | 2,784.3 | +0.046% | $2.52B | $4.63B | 150x | as long as short |
| HTX ETH-USDT | +0.0090% | 8h | 2,785.8 | +0.103% | $1.08B | $1.32B | 200x | as long as short |
| KuCoin ETHUSDTM | +0.0090% | 8h | 2,784.1 | +0.041% | $424.4M | $739.3M | 100x | as long as short |
| Nado ETH-PERP | +0.0093% | 1h | 2,783.1 | +0.004% | $14.4M | $118.2M | 50x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,783.9 | +0.033% | $116.3M | $495.3M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,786 | +0.107% | $25.4M | $120.6M | 50x | as long as short |
| Vest ETH-PERPshort | +0.0096% | 1h | 2,784.7 | +0.062% | — | $1.1M | 50x | |
| Paradex ETH-USD-PERP | +0.0099% | 8h | 2,783.5 | +0.019% | $16.0M | $10.5M | 50x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,783 | +0.001% | $479K | $2.7M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,786.9 | +0.141% | $3.20B | $2.34B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,784.2 | +0.042% | $31.3M | $306.5M | 50x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,782.8 | −0.006% | $2.8M | $17.2M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,784.4 | +0.052% | $2.7M | $17.1M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,777.9 | −0.181% | $168.1M | $250.4M | 25x | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,785.8 | +0.101% | $15.1M | $44.0M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,781.4 | −0.056% | $147.6M | $336.7M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,782.4 | −0.022% | $182.1M | $780.5M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,784.1 | +0.040% | $161.9M | $90.2M | 50x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,786.7 | +0.134% | $21.5M | $58.3M | 40x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,785.2 | +0.080% | $10.8M | $7.6M | 50x | as long as short |
| Bluefin ETH-PERP | +0.0100% | 1h | 2,786.2 | +0.117% | $21K | $24K | 25x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,787.4 | +0.157% | $42.9M | $29.4M | 15x | as long as short |
| SunX ETH-USDT | +0.0100% | 8h | 2,786.2 | +0.116% | $977K | $13.9M | 100x | as long as short |
| SoDEX ETH-USD | +0.0100% | 1h | 2,785.8 | +0.102% | $55.5M | $229.0M | 40x | as long as short |
| Deribit ETH-PERPETUAL | +0.0102% | 1h | 2,786.9 | +0.140% | $258.9M | $222.7M | 50x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,782.8 | −0.006% | $32.7M | $77.6M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0104% / S +0.0048% | 1h | 2,786.8 | +0.139% | — | $41.8M | 500x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0122% | 1h | 2,787 | +0.144% | $86.9M | $332.7M | 100x | as long as short |
| Kalshi KXETHPERP | +0.0125% | 8h | 2,786.3 | +0.120% | $8.4M | $681.9M | 4.9x | as long as short |
| Orderly PERP_ETH_USDC | +0.0136% | 8h | 2,788 | +0.182% | $32.7M | $12.1M | 100x | as long as short |
| BloFin ETH-USDT | +0.0185% | 8h | 2,785.9 | +0.104% | $285.4M | $195.4M | 150x | as long as short |
| Reya ETHRUSDPERP | +0.0197% | 1h | 2,783.7 | +0.026% | $7.4M | $1.2M | 25x | as long as short |
| Hibachi ETH/USDT-P | +0.0288% | 1h | 2,785.1 | +0.075% | $271K | $1.5M | 20x | as long as short |
RISEx ETH/USDC
ApeX Omni ETHUSDT
Injective ETH/USDC PERP
01 Exchange ETHUSD
Aftermath Perps ETHUSD
Phoenix ETH
gTrade (Gains Network) ETH/USD
BingX ETH-USDT
OKX ETH-USDT-SWAP
Phemex ETHUSDT
GMX ETH/USD [ETH-USDC]
Aster ETHUSDT
Bullet ETH-USD
MEXC ETH_USDT
Bitget ETHUSDT
Binance ETHUSDT
Gate ETH_USDT
Coinbase International ETH-PERP-INTX
Bybit ETHUSDT
HTX ETH-USDT
KuCoin ETHUSDTM
Lighter ETH
Lighter RH ETH
Paradex ETH-USD-PERP
Katana Perps ETH-USD
Hyperliquid ETH
Pacifica ETH
Bulk ETH-USD
Backpack ETH_USDC_PERP
Variational Omni ETH
edgeX ETHUSDC
GRVT ETH_USDT_Perp
StandX ETH-USD
Polymarket Perps ETH-USD
Bluefin ETH-PERP
Derive ETH-PERP
SunX ETH-USDT
SoDEX ETH-USD
Deribit ETH-PERPETUAL
Extended ETH-USD
Kraken Futures PF_ETHUSD
Kalshi KXETHPERP
BloFin ETH-USDT